According to The Block, Binance continues to confidently lead the crypto spot trading market, increasing its share to 41.1% in June 2025.
Binance's Share of the Spot Trading Market
In June 2025, Binance recorded a trading volume of over $262.37 billion, accounting for 41.1% of all global trading. This confirms its strong position against competitors.
Trading Volume Comparison
HTX (formerly Huobi) ranks second, managing to achieve over $58.8 billion in trading volume this month. In May 2025, Binance also showed its dominating position, reaching a volume of over $551.2 billion.
Binance's Advantages Over Competitors
Analysts point to several factors contributing to Binance's success, including aggressive promotions, extensive liquidity, and global presence. These aspects create a network effect that makes it difficult for smaller exchanges to compete.
Binance continues to maintain its leading position in the crypto trading market despite rising competition from other platforms. Maintaining this leadership largely depends on their ability to adapt to market demands.
